Beema-Pakistan Company
| Public (KSE: BEEM) | |
| Founded | 1960 |
| Headquarters | Karachi, Pakistan |
| Website | www.beemapakistan.com |
The Beema-Pakistan Company Limited was incorporated in 1960 as Khyber Insurance Company Limited. The institution withstood the turbulence, regression and stagnation in the domestic market. In 1994, It was renamed Heritage Insurance Company Limited. But failed to reassert its former place in the market as a leader. On November 22, 2000 infusion of new capital, management, and a new name, Beema-Pakistan has made a new debut. Its Head Office is located in Karachi, Pakistan. It had, some time ago, a non Pakistani director, Colin Jack Youell. Many American states have issued writs alleging that he, and Beema Pakistan, conspired to engage in frauds to the detriment of thousands of Americans by issuing fraudulent healthcare policies. Google Youell and Beema to find details of the many writs. Cease and desist orders were issued against several entities including Beema, but Beema or its management has not been convicted by any court for any offence.